Adare wins 'more work than ever'

Communications giant Adare has secured new contracts worth more than £50m a year, as its strategy to diversify its client base to meet the demands of the economic downturn pays dividends.

The contract wins include government bodies, such as the Identity and Passport Service (IPS), and hospitality and leisure companies, including pub giant Mitchell and Butlers.

Adare chief executive Robert Whiteside said that there had "never been a time when we have won so much new business".
He said it had put the company in a position for "exponential growth" when the economy recovers.

The Huddersfield-based group has also restructured its debt facilities, having paid off £75m in three years since Whiteside acquired the company in a secondary buyout, backed by HBOS.

In addition, it has completed a £2m capital investment programme that included the installation of three CMC intelligent enclosing machines and two Xerox Torino printers, as well as Emtex software.